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Sensys receives order worth SEK 2.7 million from the Swedish Transport Administration
30-10-2012
SENSYS Traffic AB has obtained an order worth SEK 2.7 million from the Swedish Transport Administration for the monitoring of train pantographs.
The order implies that the Swedish Transport Administration is expanding the use of APMS (Automatic Pantograph Monitoring Systems) in the Swedish rail network.
The purpose of APMS is to identify damage to pantographs, and thereby prevent overhead power wires being torn down.
Sensys Traffic is obliged to publish the information contained in this press release pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 10am on 30 October 2012.
Sensys Traffic develops and markets various systems for traffic informatics and traffic safety. The products are primarily used for speed and red-light enforcement. The Sensys share is listed on NASDAQ OMX Stockholm.